Sanctions against Russia "cut" budget of Crimea

The State Duma of the Russian Federation states that international sanctions have affected the allocation of the Russian state budget.

MOSCOW (QHA) -

"MP" of the State Duma of the Russian Federation Andrey Kozlenko said that the budget allocated to Crimea in 2017, could have been better if it was not for the international sanctions, according to his Facebook page.

Kozlenko reported that 161 billion rubles were allocated to the federal target program for development of Crimea and Sevastopol from the federal budget of the Russian Federation in 2017.

“On first reading, the federal budget for 2017 and the planning period of 2018-2019 were adopted. Despite the fact that the overall budget is estimated as rather conservative, the interests of our peninsula are considered: The financing of the federal program in 2017 only is expected in the amount of 161 billion rubles,” he wrote.

The MP believes that "this is a good budget for Crimea."

“Maybe it could be better if it was not for sanctions and enormous international pressure on Russia”, says Kozlenko.

Earlier, QHA reported that the US Treasury Department imposed sanctions against six other self-proclaimed members of the State Duma of Russia from Crimea.

September 15, the European Union extended for six more months the validity of a blacklist of certain Russian and Ukrainian individuals and organizations. Representatives of the Russian leadership, Russian politicians, businessmen and security officials, as well as almost all members of the leadership of the self-proclaimed "Donetsk and Luhansk People's Republics" ("DPR" and "LPR") entered the EU black list. Moreover, the list includes 37 organizations, and all known "military and political structures of the "DPR" and "LPR". The European business is forbidden to maintain any relationships with them.

Black list for Russia is only one of the three independent packages of the EU sanctions. Apart from it, there are sectoral economic sanctions valid till the end of January 2017, as well as trade and travel restrictions in Crimea valid till the end of June 2017, in the framework of the EU Strategy for the non-recognition of the reunification of the peninsula to Russia.